Hospitality entrepreneur Stevan Premutico is stepping down from the board of me&u, the ordering platform he founded, and away from the business in the wake of its merger with Mr Yum. “I am immensely proud of what the team has achieved. We began with an ambitious idea to transform how we order and pay in… Read more »
One of the startup sector’s biggest merger and acquisition deals will go ahead with rival restaurant ordering apps me&u and Mr Yum getting together. The Sydney and Melbourne startups have raised a combined $165 million in venture capital, having both been founded in 2018, but the deal won’t deliver an exit just yet for investors,… Read more »
Hospitality ordering platforms Mr Yum and Me&u are exploring a potential merger as their rapid ascent during Covid begins to plateau post pandemic. A spokesperson for Mr Yum confirmed to Startup Daily that talks are currently underway. “Mr Yum confirms that it is in preliminary discussions with me&u regarding a potential merger to accelerate the… Read more »
Mr Yum rival Me&u raised $30 million in a round led by Acorn Capital in December 2022 to give the 3.5-year-old startup enough runway for its push to be profitable next financial year. The raise was led by Acorn Capital, with the only acknowledgement of the investment appearing in the ASX-listed (ASX:ACQ) investment company’s December… Read more »
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